Indian Oil Key Ratios
NSE: IOC | BSE: 530965
₹135.15
As on 07-Sep-2026IST
Market cap
₹1,91,343 Cr
Revenue (TTM)
₹9,61,537 Cr
P/E Ratio
5.7
P/B Ratio
0.9
Div. Yield
5.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 19.01 | 27.08 | 11.63 | 1.43 | 10.39 |
| EBIT | -101.80 | -103.81 | 118.89 | 11.58 | 7.32 |
| Net Profit | -111.28 | -123.93 | 108.25 | 11.15 | 5.69 |
| EPS | -111.28 | -123.93 | 99.32 | 11.15 | 5.69 |
| Book Value | -- | -- | 17.71 | 16.25 | 14.44 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.35 | 5.16 | 5.12 | 7.48 | 2.54 |
| Net Margin
| 3.82 | 3.72 | 3.44 | 5.54 | 1.81 |
| Return on equity
| 17.31 | 17.04 | 16.16 | 21.52 | 7.46 |
| Return on Capital
| 15.84 | 15.05 | -- | 19.69 | 8.30 |
| Return on Assets
| 6.23 | 5.78 | 6.41 | 8.13 | 2.69 |
| Debt to Equity (x)
| -- | -- | 0.25 | 0.55 | 0.76 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
19.69
|
8.30
|
22.22
|
8.43
|
|
Peer Median
|
--
|
21.40
|
22.14
|
12.66
|
--
|
ROE
16.16
Lower than Peers by 1.14
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
16.16
|
21.52
|
7.46
|
26.71
|
8.57
|
|
Peer Median
|
17.30
|
20.59
|
24.03
|
9.74
|
--
|
ROA
6.41
Lower than Peers by 0.99
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
6.41
|
8.13
|
2.69
|
9.01
|
2.67
|
|
Peer Median
|
7.40
|
8.60
|
9.15
|
4.26
|
--
|
EBIT Margin
5.12
Higher than Peers by 0.22
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
5.12
|
7.48
|
2.54
|
7.70
|
2.08
|
|
Peer Median
|
4.89
|
4.32
|
6.00
|
6.65
|
--
|
Net Margin
3.44
Lower than Peers by 1.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
3.44
|
5.54
|
1.81
|
5.53
|
1.38
|
|
Peer Median
|
4.46
|
7.20
|
6.64
|
3.29
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
6.89
|
3.56
|
6.70
|
2.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.63
Higher than Peers by 11.13
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
11.63
|
3.47
|
-2.35
|
-7.77
|
42.83
|
|
Peer Median
|
0.50
|
10.87
|
-0.12
|
1.60
|
--
|
EBIT Growth
118.89
Higher than Peers by 110.25
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
118.89
|
204.67
|
-67.78
|
241.59
|
-50.57
|
|
Peer Median
|
8.64
|
0.15
|
-48.79
|
12.48
|
--
|
Net Profit Growth
108.25
Higher than Peers by 91.90
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
108.25
|
216.76
|
-68.05
|
268.76
|
-54.51
|
|
Peer Median
|
16.35
|
15.59
|
-43.40
|
18.68
|
--
|
EPS Growth
99.32
Higher than Peers by 83.28
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
99.32
|
209.58
|
-67.41
|
326.16
|
-60.99
|
|
Peer Median
|
16.05
|
4.57
|
-47.55
|
12.12
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
17.71
|
1.67
|
31.27
|
4.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.25
Higher than Peers by 0.16
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
0.25
|
0.55
|
0.76
|
0.67
|
1.00
|
|
Peer Median
|
0.09
|
0.50
|
0.64
|
0.76
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
0.23
|
0.40
|
0.32
|
0.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.73
Lower than Peers by 0.09
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
0.73
|
0.75
|
0.68
|
0.74
|
0.76
|
|
Peer Median
|
0.82
|
0.77
|
1.06
|
0.80
|
--
|
Quick Ratio
0.18
Lower than Peers by 0.12
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
0.18
|
0.22
|
0.18
|
0.21
|
0.18
|
|
Peer Median
|
0.30
|
0.29
|
0.75
|
0.75
|
--
|
Interest Coverage
6.68
Lower than Peers by 1.36
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
6.68
|
7.88
|
2.83
|
8.27
|
2.98
|
|
Peer Median
|
8.04
|
7.92
|
8.88
|
3.97
|
--
|
Operating Efficiency
Debtors to sales
1.52
Lower than Peers by 0.77
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
1.52
|
1.87
|
2.43
|
1.78
|
1.95
|
|
Peer Median
|
2.30
|
5.81
|
8.63
|
7.00
|
--
|
Asset Turnover
1.86
Higher than Peers by 0.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
1.86
|
1.68
|
1.68
|
1.84
|
2.21
|
|
Peer Median
|
1.79
|
1.78
|
2.06
|
2.15
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
6.69
|
6.85
|
6.26
|
6.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
46.77
|
49.96
|
50.22
|
43.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
33.99
|
33.34
|
32.62
|
25.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
--
|
19.48
|
23.47
|
23.85
|
25.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
5.69
Lower than Peers by 6.00
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
5.69
|
4.43
|
12.94
|
5.54
|
10.96
|
|
Peer Median
|
11.69
|
28.57
|
15.42
|
11.53
|
--
|
Price / Book Value
0.88
Lower than Peers by 0.55
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
0.88
|
0.85
|
0.94
|
1.26
|
0.77
|
|
Peer Median
|
1.43
|
1.59
|
1.80
|
2.39
|
--
|
Dividend Yield
5.17
Higher than Peers by 0.07
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
5.17
|
5.17
|
2.35
|
7.15
|
3.85
|
|
Peer Median
|
5.10
|
4.52
|
2.21
|
5.17
|
--
|
EV/EBITDA
4.23
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
4.23
|
3.72
|
7.99
|
4.42
|
7.02
|
|
Peer Median
|
--
|
8.79
|
8.91
|
25.24
|
--
|
Market Cap
1,91,343
Higher than Peers by 1,15,380
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indian Oil
|
1,91,343
|
1,86,612
|
1,75,956
|
2,31,042
|
1,07,324
|
|
Peer Median
|
75,963
|
53,751
|
61,400
|
42,345
|
--
|